NOT LISTED FOR SALE

1902 S Montezuma Ave Tucson, AZ 85711

Roberts Neighborhood

Estimated Value: $310,622 - $464,000

-- Bed
-- Bath
3,120 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $148,000 $47 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,232/month

59 Days on Market

About This Home

As of May 2014

Four spacious 2 bedroom, 1 bath apts. with an open floor plan and a small fenced yard area. Off street parking. Convenient central location. Currently all rented. Please Do Not Disturb Tenants. Owner-Agent.

Last Agent to Sell the Property

Gary Zimbler

Riviera Investments Listed on: 02/26/2014

Last Buyer's Agent

Luzma Moreno

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot

Home Design

  • 3,120 Sq Ft Home
  • Quadruplex
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • $1,180 special tax assessment

Community Details

Overview

  • Alvernon Park Resub Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $4,750
  • Water Sewer Expense $4,100
  • Gross Income $32,094
  • Net Operating Income $15,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,845

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Alvernon Resub Lot 9
  • List Price per Sq Ft: 49.68
  • Unit Info Average Monthly Rent Two Bedroom: 475.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3120.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 2440.00
  • Expenses Capital Expenses: 1250.00
  • Expenses Contract Services: 1536.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 4750.00
  • Expenses Taxes Assessments: 1180.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.26
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 13.69
  • Lot Sq Ft: 11325.00
  • Lot Sz Sold Prc Sq Ft: 13.07
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1978

Tax Info

  • Tax Code: 130-18-1620
  • Taxes: 1845.45
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2015
Sold by
Durazo Jesus E and Duraze Veronica
Bought by
Durayan Properties Llc
Current Estimated Value
$391,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2014
Closed on
May 29, 2014
Sold by
D & G Southwest Llc
Bought by
Durazo Jesus E and Durazo Veronica
Seller's Agent
Gary Zimbler
Riviera Investments
Buyer's Agent
Luzma Moreno
Keller Williams Southern Arizona
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$90,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 2012
Sold by
Barnett Peggy L
Bought by
D & G Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 2011
Sold by
Barnett Peggy L
Bought by
Barnett Peggy L

Purchase Details

Closed on
Jul 6, 2011
Sold by
Downer Randolph L
Bought by
Barnett Peggy L and Clor Peggy L

Purchase Details

Closed on
Nov 17, 2000
Sold by
Clor Peggy L
Bought by
Downer Randolph L

Purchase Details

Closed on
Nov 14, 2000
Sold by
Downer Randolph L
Bought by
Downer Randolph L and Downer Julie E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Durayan Properties Llc -- None Available
Durazo Jesus E $148,000 Fidelity National Title Agen
D & G Investments Llc $100,000 Tfnti
D & G Investments Llc $100,000 Tfnti
Barnett Peggy L -- Ttise
Barnett Peggy L $120,000 Ttise
Barnett Peggy L $120,000 Ttise
Downer Randolph L $125,000 --
Downer Randolph L -- --
Downer Randolph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durazo Jesus E $90,000
Previous Owner D & G Investments Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $148,000 0.0% $47 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $148,000 -- $47 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,977 $15,578 -- --
2024 $1,977 $14,836 -- --
2023 $1,874 $14,130 $0 $0
2022 $1,874 $13,457 $0 $0
2021 $1,863 $12,206 $0 $0
2020 $1,807 $16,373 $0 $0
2019 $1,783 $14,088 $0 $0
2018 $1,744 $10,544 $0 $0
2017 $1,734 $10,544 $0 $0
2016 $1,710 $10,042 $0 $0
2015 $1,623 $9,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21406059

MLS of Southern Arizona

APN: 130-18-1620